Palatin Technologies Inc (PTN) — Cash Flow Quality Index

Latest as of June 2019: -0.13x

Palatin Technologies Inc (PTN) has a Cash Flow Quality Index of -0.13x as of June 2019. Operating cash flow of $-6.95 Million is below net income of $52.22 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Palatin Technologies Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.13x
Operating CF / Net Income

Operating Cash Flow

$-6.95 Million
USD

Net Income

$52.22 Million
USD

Data as of

Jun 2019
Most recent filing

Palatin Technologies Inc Cash Flow Quality Index (2018–2019)

Historical Cash Flow Quality Index for Palatin Technologies Inc across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Palatin Technologies Inc (PTN) cash conversion ratio.

Annual Cash Flow Quality Index for Palatin Technologies Inc (2018–2019)

Year-by-year earnings quality comparison for Palatin Technologies Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2019 -0.61x $-21.78 Million $35.77 Million ▼ -983.2%
2018 0.07x $1.70 Million $24.70 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.